Eurozone PPI Hits 11.1% as Energy Drives Inflation, While Non-Energy Prices Barely Rise

Wait 5 sec.

Eurozone industrial producer price inflation accelerated sharply in September, with PPI rising from an upwardly revised 8.3% to 11.1% yoy, exceeding market expectations of 10.9%. On a monthly basis, producer prices increased from an upwardly revised 2.0% to 2.5%, matching consensus. The acceleration extended the recent increase in producer-level inflation, with the annual rate having […]The post Eurozone PPI Hits 11.1% as Energy Drives Inflation, While Non-Energy Prices Barely Rise appeared first on ActionForex.